New Daft.ie research on impact of short term lets highlights urgent need for regulation - Eoin Ó Broin TD
Sinn Féin Housing spokesperson Eoin Ó Broin TD has called on the Minister for Housing to urgently bring forward regulations for the short term letting sector.
The call comes as Daft.ie releases research indicating that over half of all available rental properties in Dublin are being listed as short-term tourist lets.
Deputy Ó Broin said:
“For a long time I have been raising concerns about the impact of the unregulated short term letting sector on supply in the private rented sector.
“The Daft.ie research published today indicates that these concerns were not unfounded. Evidence published showed how yesterday, 53% of homes in the Dublin rental market were not available for rental for long-term tenants.
“The crisis of affordable supply in the private rented sector, especially in our cities, is driving up rents and forcing families into homelessness.
“We long suspected that commercial landlords and professional hosts with multiple listings were using platforms like Airbnb to maximise profits.
“Yet the Minister for Housing has dragged his heels on introducing regulations to deal with the problem.
"It is not as if he hasn’t been provided with solutions. He set up a working group to look at this issue in June 2017.
"According to the latest response to a parliamentary question in April this year the Minister has the report of the working group but has not yet acted on it. This is unacceptable.
“In October 2017, the Oireachtas Housing Committee produced a report recommending that a two-level regulatory regime must be introduced via primary legislation in relation to short term lettings.
“This would include strict regulations targeted at the entire property. These regulations would be supported by a licensing system which would require all short term letting platforms to register all hosts with the relevant local authority.
“Sinn Féin published our own set of proposals in December 2017 which propose defining short term letting in primary legislation and for hosts seeking to let out their principle private residence for more than sixty days per year, planning permission should be required.
“The Minister must act on this matter instead of listening to the short term letting platforms. He has a severe crisis in the private rented sector on his hands.
"Burying his head in the sand and letting the industry regulate itself will not work.”